Gold has tested resistance line of channel and can start to fall

Hello traders, I want share with you my opinion about Gold. By observing the graph, we can see how Gold formed the buyer zone1815-1805, from which grew to the resistance line. The price made a small correction, re-tested the buyer zone, start to rise broke through the resistance line and continued to move upwards. Over time, the price created an upward channel and is currently trading inside. Now we see how price has tested the resistance line of the channel and in my opinion can begin to decline. I think the price can drop to the support line of channel, so the targets for Gold I see at level 1970 and at level 1950 which coincide with support line and Fibonacci level 0.786. Please share this idea with your friends and click Boost 🚀